Bitcoin News – August 2017

In August we saw ViaBTC and Bitmain create the Bitcoin Cash fork/altcoin. SegWit finally activated after half a year of stalling and the price rose to unprecedented heights. New spam attacks and empty block mining by Antpool created a large backlog of transactions with unprecedented transaction fees as well. Meanwhile Coinbase became a fintech unicorn, Blockstream launched its satellite service and BitPay pushed its clients towards a chainsplit. An incredibly positive month all around!

What the monthly news is about:
Each day, usually around the same time, I pick out the most popular/relevant/interesting stories in r/bitcoin and save them, after which I release them in one batch after the month ended. This gives you a quick (but not necessarily the best) overview of what happened in bitcoin over the past month.